04-04-2013, 10:23 AM
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The People's Post
Industry Role:
Join Date: Dec 2008
Location: invisible 7-11
Posts: 63,927
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This Week in DDoS:
Quote:
Bitcoin has seen a lot of popularity recently and, as a result, processors for the cryptocurrency and exchanges have been the target of DDoS attacks. Payment processor Dwolla became the first to notice a cyberattack under way and then Bitcoin exchange MtGox also came under fire?it?s currently unknown who was attacking the sites or why, but it?s not an uncommon event for Bitcoin exchanges and processors. Niche spaces that involve money making are especially susceptible to DDoS and it could be used to camouflage fraudulent activity?although it?s harder to get away with that sort of thing with bitcoins themselves, it might be possible to wound an exchange or processor.
MtGox saw a dip in the value of BTC lagging along the peak of the DDoS but the value quickly sprang back up again. Current talk amid the market is that a 5,000 BTC sale happened during that time and this is what caused the value dip.
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